SEHK:8452

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Executive Summary

FY Financial (Shenzhen) Co., Ltd. operates as a financial services company in the People's Republic of China. More Details


Snowflake Analysis

Undervalued with adequate balance sheet.


Similar Companies

Share Price & News

How has FY Financial (Shenzhen)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8452 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: 8452's weekly volatility (12%) has been stable over the past year.


Market Performance


7 Day Return

-2.1%

8452

-1.7%

HK Diversified Financial

-0.5%

HK Market


1 Year Return

-30.9%

8452

12.4%

HK Diversified Financial

21.5%

HK Market

Return vs Industry: 8452 underperformed the Hong Kong Diversified Financial industry which returned 13.2% over the past year.

Return vs Market: 8452 underperformed the Hong Kong Market which returned 21.2% over the past year.


Shareholder returns

8452IndustryMarket
7 Day-2.1%-1.7%-0.5%
30 Day-1.1%7.7%2.1%
90 Day-33.8%8.2%11.9%
1 Year-21.0%-30.9%18.6%12.4%26.2%21.5%
3 Year-54.7%-63.0%-9.0%-18.5%6.2%-4.9%
5 Yearn/a-24.8%-32.6%61.7%34.1%

Long-Term Price Volatility Vs. Market

How volatile is FY Financial (Shenzhen)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is FY Financial (Shenzhen) undervalued compared to its fair value and its price relative to the market?

38.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 8452 (HK$0.47) is trading below our estimate of fair value (HK$0.76)

Significantly Below Fair Value: 8452 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 8452 is good value based on its PE Ratio (6.6x) compared to the HK Diversified Financial industry average (7.6x).

PE vs Market: 8452 is good value based on its PE Ratio (6.6x) compared to the Hong Kong market (12.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8452's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8452 is good value based on its PB Ratio (0.3x) compared to the HK Diversified Financial industry average (0.6x).


Next Steps

Future Growth

How is FY Financial (Shenzhen) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.1%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as FY Financial (Shenzhen) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has FY Financial (Shenzhen) performed over the past 5 years?

21.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8452 has high quality earnings.

Growing Profit Margin: 8452's current net profit margins (17.5%) are lower than last year (22.4%).


Past Earnings Growth Analysis

Earnings Trend: 8452's earnings have grown significantly by 21.8% per year over the past 5 years.

Accelerating Growth: 8452's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 8452 had negative earnings growth (-40.4%) over the past year, making it difficult to compare to the Diversified Financial industry average (-0.3%).


Return on Equity

High ROE: 8452's Return on Equity (4.5%) is considered low.


Next Steps

Financial Health

How is FY Financial (Shenzhen)'s financial position?


Financial Position Analysis

Short Term Liabilities: 8452's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥534.5M).

Long Term Liabilities: 8452's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥92.7M).


Debt to Equity History and Analysis

Debt Level: 8452's debt to equity ratio (96%) is considered high.

Reducing Debt: 8452's debt to equity ratio has reduced from 148.2% to 96% over the past 5 years.

Debt Coverage: 8452's debt is well covered by operating cash flow (69.2%).

Interest Coverage: Insufficient data to determine if 8452's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is FY Financial (Shenzhen) current dividend yield, its reliability and sustainability?

12.75%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 8452's dividend (12.75%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2%).

High Dividend: 8452's dividend (12.75%) is in the top 25% of dividend payers in the Hong Kong market (6.32%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 8452 has been paying a dividend for less than 10 years.

Growing Dividend: 8452's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (84.7%), 8452's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.2yrs

Average management tenure


CEO

Peng Li (56 yo)

6.17yrs

Tenure

CN¥668,348

Compensation

Mr. Peng Li has been General Manager and Executive Director of Fy Financial (Shenzhen) Co., Ltd. since November 2015 and September 28, 2012 respectively and serves as its Compliance Officer. Mr. Li has ext...


CEO Compensation Analysis

Compensation vs Market: Peng's total compensation ($USD103.29K) is below average for companies of similar size in the Hong Kong market ($USD229.70K).

Compensation vs Earnings: Peng's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Peng Li
GM, Compliance Officer & Executive Director6.17yrsCN¥668.35kno data
Wang Ying
Head of Finance Department2.83yrsCN¥546.39kno data
Jianxing Weng
Risk Management Director & Executive Director4.75yrsCN¥682.44kno data
Ke Sun
Head of Business Development Departmentno datano datano data
Daoyang Ni
Head of Risk Management Departmentno datano datano data
Tao Sun
Head of Business Departmentno datano datano data
Lujing Wu
Deputy Head of Finance Departmentno datano datano data
Wing Shan Ng
Joint Company Secretary4.5yrsno datano data
Xiaoting Gong
Head of Treasury Departmentno datano datano data

6.2yrs

Average Tenure

42yo

Average Age

Experienced Management: 8452's management team is seasoned and experienced (6.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Peng Li
GM, Compliance Officer & Executive Director6.17yrsCN¥668.35kno data
Wang Ying
Head of Finance Department2.83yrsCN¥546.39kno data
Jianxing Weng
Risk Management Director & Executive Director4.75yrsCN¥682.44kno data
Che Wai Fung
Independent Non-Executive Director3.92yrsCN¥105.94kno data
Wei Zhuang
Chairman of the Boardno datano datano data
Cheng Qian
Non-Executive Director8.5yrsno datano data
Luran Sun
Non-Executive Director4.92yrsno datano data
Leung Hon
Independent Non-Executive Director3.92yrsCN¥105.94kno data
Shengwen Liu
Independent Non-Executive Director3.92yrsCN¥105.94kno data
Xiuju Tian
Chairman of Supervisory Committee5.58yrsno datano data
Bing Liu
Employee Representative Supervisor5.67yrsno datano data
Xiaodong Zhu
Shareholders Representative Supervisor5.58yrsno datano data

4.9yrs

Average Tenure

44yo

Average Age

Experienced Board: 8452's board of directors are considered experienced (4.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

FY Financial (Shenzhen) Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: FY Financial (Shenzhen) Co., Ltd.
  • Ticker: 8452
  • Exchange: SEHK
  • Founded: 2012
  • Industry: Specialized Finance
  • Sector: Diversified Financials
  • Market Cap: HK$168.890m
  • Shares outstanding: 359.34m
  • Website: https://www.fyleasing.com

Number of Employees


Location

  • FY Financial (Shenzhen) Co., Ltd.
  • Cheung Kei Building
  • Room 1603
  • Shenzhen
  • Guangdong Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8452SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDMay 2017

Biography

FY Financial (Shenzhen) Co., Ltd. operates as a financial services company in the People's Republic of China. It operates through two segments, Financial and Advisory Business, and Trading Operation Busine...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/03 10:19
End of Day Share Price2021/03/02 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.